Balaji Amines has successfully commissioned its Dimethyl Ether (DME) plant at Unit-IV in Chincholi MIDC, Solapur, commencing commercial production on May 20, 2026. With this development, the company has become the first in India to manufacture DME on a commercial scale, marking a significant milestone in the domestic specialty chemicals sector.

Plant Details and Production Capacity

The newly established facility utilizes advanced technology and has an annual production capacity of 1,00,000 Metric Tonnes. The following table outlines the key parameters of the newly commissioned DME facility:

Strategic Significance and Applications

The commencement of DME production carries notable strategic importance for India's energy sector. DME is recognized as a clean and efficient alternative fuel that can be blended with LPG. The Bureau of Indian Standards (BIS) has recently published a new IS Code permitting DME to be blended with LPG up to 8%. By producing DME domestically, the initiative aligns with broader goals of import substitution and reducing India's reliance on LPG imports.

Initially, Balaji Amines will focus on catering to the aerosol industry and other commercial applications for heating and fuel. The company faced challenges in obtaining statutory approvals, including PESO permissions, due to the absence of adequate Indian Standards, which required the adoption of international standards for storage, handling, and transportation.

Future Outlook in EV Battery Chemicals

Beyond DME, the company is expanding its footprint in the EV battery chemicals space. Management highlighted its strategy to evolve into a major player by repurposing existing plants for new-age chemicals. Key opportunities include:

• Dimethyl Carbonate (DMC) - Electronic Grade: Extensively used in EV battery electrolytes, Balaji Amines is the sole manufacturer in India with an installed capacity of 15,000 MTPA.
• N-Methyl Pyrrolidone (NMP) - Electronic Grade: Manufactured by the company for over two decades, it has now been developed for EV battery grade solvents to serve upcoming Giga Watt capacities.

Balaji Amines Limited has intimated the stock exchanges regarding the resignation of Mr. Pardeepsingh Rameshsingh Watwani as the Chief Financial Officer (CFO) of its material subsidiary, Balaji Speciality Chemicals Limited. The resignation is effective from 15th May, 2026, with Mr. Watwani being relieved from his responsibilities at the close of business hours on the same date. The disclosure was made pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023.

Resignation Details

The following key details pertaining to the change in senior management personnel at Balaji Speciality Chemicals Limited have been disclosed as required under the applicable regulatory framework:

Background and Communication

Mr. Pardeepsingh Rameshsingh Watwani submitted his resignation letter dated 16th February, 2026, addressed to Mr. N Rajeshwar Reddy, Managing Director of Balaji Speciality Chemicals Limited. In his letter, Mr. Watwani cited the pursuit of better career growth opportunities as the reason for his departure, and expressed commitment to ensuring a smooth handover of responsibilities. The resignation was formally accepted by the Managing Director, with the effective date confirmed as 15th May, 2026.

Regulatory Compliance

The intimation was filed by Abhijeet Kothadiya, Company Secretary and Compliance Officer of Balaji Amines Limited, on 15th May, 2026. The disclosure was submitted to both BSE Limited and the National Stock Exchange of India Limited in accordance with the applicable listing regulations. The company confirmed that the details required under Regulation 30 and the relevant SEBI circular have been duly provided in the annexure accompanying the filing.